Welltower Inc. entered into a new at-the-market (ATM) equity distribution agreement, allowing the company to offer and sell up to $7.5 billion of its common stock from time to time. The agreement, dated July 28, 2026, provides significant financial flexibility and replaces a prior agreement from October 2025.
Key Details
- Program Size: Up to $7,500,000,000 in aggregate sales price of common stock.
- Agreement: The new equity distribution agreement was executed on July 28, 2026, with a broad syndicate of sales agents and forward purchasers, terminating a prior agreement from October 2025.
- Offering Structure: The program allows for sales at market prices through agents or through forward sale agreements, which enable the company to delay share issuance and receipt of proceeds.